The Great Debate

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Few events can tune Beltway TVs to C-SPAN like a sex scandal press conference. Yesterday, Herman Cain, as expected, issued a blanket denial of all accusations of sexual harassment, including the two incidents that ended in settlements between the National Restaurant Association and the complainants. But Cain didn’t limit himself to denials. He went on to cast aspersions on the mental health of the one accuser, Sharon Bialek, calling her a “troubled woman” being exploited by the “Democrat machine”.

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This weekend’s detention of the IMF’s chief on allegations of sexual assault has implications that go well beyond the impact on Dominique Strauss-Kahn’s (or, as he is commonly known, DSK) international prestige. They could also impact the IMF, France, market uncertainty and the well-being of the global economy.